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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  ING Groep N.V.    INGA   NL0011821202

ING GROEP N.V.

(INGA)
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Delayed Quote. Delayed Euronext Amsterdam - 08/07 11:36:20 am
6.605 EUR   +1.62%
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ING Groep N : Nicolas Weng Kan the new of CEO of Yolt

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07/10/2020 | 03:06am EDT

Former CEO of Google Compare and Confused.com Nicolas Weng Kan, is the new CEO of Yolt.

Nicolas, who has spent the last six years in a variety of senior roles in the UK, Taiwan, Japan and China, replaces founding CEO Jan Frank Risseeuw who moved to a new role within ING.

Starting on 15 July, Nicolas will be responsible for managing both Yolt, the award-winning smart money app, and Yolt Technology Services (YTS), the leading open banking provider in Europe.

Described as a champion of product innovationand digital excellence, Nicolas has also led successful start-ups, having launched Quickquote, Motormate and most recently ONEZERO-ME, a digital credit and risk scoring start-up.

Bright and talented team

Nicolas said he was thrilled to join such a bright and talented team across both Yolt and YTS.

'The world as we know it is changing and it's the companies who can deliver innovation excellence who will thrive for the good of their customers.

'Now, perhaps more than ever, is when open banking adoptionis likely to have a transformative impact, whether that's delivered through innovative money apps like Yolt, or as a service to
companies looking to bring new solutions to market quickly and efficiently,' he said.

ING's chief innovation officer, Benoît Legrand said ING's Think Forward Strategy means we are committed to thinking beyond banking, making it clear, easy and available anytime, anywhere.

'ING was recently voted as the 'Most innovative bank in Western Europe' and this is because we continue to deliver on our strategy to grow concepts into scale-ups like Yolt, who are already making great waves in disrupting the traditional banking model, with over 1.5 million registered users in just three years.'

Both the Yolt app and YTS are ventures of ING, forming two of the many initiatives ING has launched out of its innovation lab.

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Disclaimer

ING Groep NV published this content on 10 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 July 2020 07:05:03 UTC

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Financials
Sales 2020 17 780 M 20 954 M 20 954 M
Net income 2020 2 604 M 3 069 M 3 069 M
Net Debt 2020 - - -
P/E ratio 2020 9,62x
Yield 2020 5,50%
Capitalization 25 758 M 30 360 M 30 355 M
Capi. / Sales 2020 1,45x
Capi. / Sales 2021 1,44x
Nbr of Employees 55 452
Free-Float 100,0%
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Technical analysis trends ING GROEP N.V.
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 8,11 €
Last Close Price 6,61 €
Spread / Highest target 96,8%
Spread / Average Target 22,8%
Spread / Lowest Target -31,7%
EPS Revisions
Managers
NameTitle
Steven van Rijswijk Chief Executive Officer
Gerardus Johannes Wijers Chairman-Supervisory Board
Tanate Phutrakul Chief Financial Officer
Mariana Gheorghe Member-Supervisory Board
Margarete Haase Member-Supervisory Board
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